Management Information Technology Corporation

$895,000 PPP Loan in Potomac, Maryland

Loan Details

Loan Number
4696267204
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$895,000
Current Approval
$895,000
Forgiveness Amount
$904,342
Forgiveness Date
May 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Management Information Technology Corporation
Address
9718 Clagett Farm Dr
ZIP Code
20854-2086
Business Type
Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541511)
Business Age
Existing or more than 2 years old
Jobs Reported
56
Estimated Revenue
$11.6M
Rural/Urban
Urban
Congressional District
MD-08

Loan Use Breakdown

Payroll
$895,000

Lender Information

Servicing Lender
Sandy Spring Bank
Originating Lender
Sandy Spring Bank

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